07-20 03:53 - 'I guess the problem for me with TA is that adversarial markets are a zero sum game, so there's no such thing as a long term trading strategy. For any successful trading strategy you find, there's a way to counter that tra...' by /u/aidanlister removed from /r/Bitcoin within 121-131min
''' I guess the problem for me with TA is that adversarial markets are a zero sum game, so there's no such thing as a long term trading strategy. For any successful trading strategy you find, there's a way to counter that trading strategy so that they make the money instead. To take an example that someone posted today: If the market usually pops when the 50 day moving average crosses the 3 day moving average, then you'd naturally buy in anticipation of that event and sell afterwards. But when everyone starts doing that, then actually you want to buy before everyone else and sell once they start buying. And so on, and so forth. Worse, because Bitcoin is illiquid, unregulated, and small cap, the actions of a few big players can have a massive impact on the price far outweighing normal market dynamics. All exchanges have been beset by scandals, eg front running, bots, trading on their own order book, etc. So you're not just playing against other players you're playing against the house. If you're a day trader using TA strategies you found on the internet, you may be picking up pennies in front of a steam roller . It works while it works and then you lose your shirt. For most people posting here they are kidding themselves to think they are doing anything more than gambling.  [[link]2 ''' Context Link Go1dfish undelete link unreddit undelete link Author: aidanlister 1: seekingal*ha.*o*/a*ti*le/408*775*pic*in*-n*cke*s-f*o*t-steam*r*l*e* 2: *eek**galpha.com/a*t*cl**40*3*75*pi**ing-nickels-f*ont*s*eam-rol*er]**1 Unknown links are censored to prevent spreading illicit content.
On one hand, it appears that it is not. bitcoin has value, and is creating value. The price seems inflated due to speculators. I think it will continue to become inflated in the near future. Especially if an ETF is created. I'm also a bit confused what actually happens in a deflationary economy. Do we have any proof or history? Are there any arguements that bitcoin is a zero sum game? Maybe of the entire economy. And even then, it is not priced correctly yet? I have so many questions
Is Bitcoin mining a zero sum game right now, or is Bitcoin mining still to reach that point where it becomes a being a zero sum game?
I'm trying to understand the blocksize debate in relation to climbing mining fees and realised that I don't know the answer to this basic question about whether or not mining is a zero-sum game :) Any answers, or references I can look at? Also, if Bitcoin ends up being runs on Lightening rails, does that affect whether or not Bitcoin mining becomes a zero sum game? Or not, or what? PS: Non-tech person questions!
The main event isn't bitcoin. It's using the blockchain to disrupt other industries and Wall Street. Combining #blockchaintechnology #voice #GAN & #AI will NOT be a zero-sum game. #jetyourdaddy #jasontade Jason Tade
For everyone but miners, it’s worse than zero-sum. Miners sell their Bitcoins each day. They need the Bitcoins sold for real money in order to pay their electricity bills. So 1 million enters the Bitcoin economy to the miners. The miners spend, we... Bitcoin’s zero-sum game. by John Quiggin on January 23, 2018. That’s the title of my latest piece in Inside Story. Nothing that will surprise anyone who’s been paying attention to what I’ve written on this, so I’ll just cite the conclusion . Since bitcoins are not useful as a medium of exchange, or desirable in themselves, their true value is zero. The highest price at which bitcoins ... Bitcoin’s zero-sum game. John Quiggin. 24 January 2018. The quicker the cryptocurrency reaches its true value the better. Right: Long-term tenancy? La Maison du Bitcoin (Bitcoin House), in the Paris district known as Silicon Sentier, hosts various bitcoin-related companies. Alain Apaydin/AbacaPress. Long-term tenancy? La Maison du Bitcoin (Bitcoin House), in the Paris district known as ... The fallacy of the cryptocurrency zero sum game. shortsegments (74) in #hive-167922 • 8 hours ago. If Bitcoin is doubling every year, then why invest in anything else and should we get rid of the nearly 2000 other Cryptocurrency projects or altcoins, meaning all coins which aren’t Bitcoin? This question made think long and hard about Cryptocurrency investing, and stock market investing ... Bitcoin, the previously mocked and maligned cryptocurrency, has done what is extremely difficult for any alternative financial vehicle to do — change the hearts and minds of public retail investors. While the profits are clearly undeniable, the real motivation for bitcoin and cryptocurrency investments is the paradigm shift. The Zero-sum Game
Provided to YouTube by NexTone Inc. zero-sum game · 岸田教団&THE明星ロケッツ LIVE YOUR LIFE Auto-generated by YouTube. Ever wondered if stock market is a zero sum game? Whether the profits of one investor is the loss of another? Well, wonder no more. In this very brief yet il... Is beleggen een zero sum game? De meningen zijn hierover verdeeld. Het gaat er met name om dat actief handelen op de beurs niet zoveel voordelen heeft. 90% van de actieve managers weet de beurs op ... Provided to YouTube by Sequence Sequence Limited Zero-Sum Game · Otik Zero-Sum Game ℗ 2020 Shall Not Fade LTD Released on: 2020-10-16 Producer: Ashley Thomas... Provided to YouTube by NexTone Inc. zero-sum game · 岸田教団&THE明星ロケッツ LIVE YOUR LIFE Released on: 2017-03-22 Auto-generated by YouTube.